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Biggest Movers: MATIC, SOL Fall to Lowest Point Since January
9.3.2023
Polygon fell to its lowest point since January earlier in today’s session, as overall sentiment in crypto markets remained bearish. Overall, the global market cap is now down 1.46% as of writing. Solana also slipped on Thursday, as the token neared a two-month low. Polygon (MATIC) Thursday...
Bitcoin, Ethereum Technical Analysis: BTC Moves to Fresh Multi-Week Low Following Silvergate Liquidation Announcement
9.3.2023
Bitcoin continued to trade lower on March 9, as prices fell to a fresh multi-week low in today’s session. The decline came as crypto bank Silvergate confirmed that it will be winding down operations. Ethereum also edged lower. Bitcoin Bitcoin (BTC) fell for a fourth straight session...
Kwenta DEX Lures Traders to Capture Bitcoin, Ether Returns Regardless of Direction
9.3.2023
Kwenta, which uses Synthetix’s infrastructure for its perpetual product, has seen trading volumes surge in the past few weeks
Crypto Options Market Flashes Bitcoin Warning as Silvergate Winds Down Operations
9.3.2023
Bitcoin's options skew favors bearish put options by the most in two months
Blockchain Retail Market Size to Top Over $2 Billion by 2028 — Study
9.3.2023
According to Fortune Business Insights, the global blockchain retail market size is expected to surge from the $172.2 million recorded in 2021 to over $2 billion by 2028. Both the demand for the product by end-users as well as the growing use of the technology in supply chain management...
Ethereum Co-Founder Vitalik Buterin’s Address Sells Trillions of Airdropped Tokens, Causes Illiquid Coin Prices to Plummet
8.3.2023
On March 7, onchain observers noticed that Vitalik Buterin, the co-founder of Ethereum, had allegedly sold billions and trillions of airdropped ERC20 tokens, resulting in a gain of an estimated $700,000 in value. The market liquidity of the airdropped tokens was shallow, and the relatively unknown...
Biggest Movers: XRP Hits 2-Week High, SHIB Marginally Higher
8.3.2023
Xrp rose higher for a third straight session on Wednesday, as prices moved to a two-week high. The rise comes despite market sentiment remaining largely bearish, with the global market cap trading 1.29% lower as of writing. Shiba inu also climbed higher in today’s session. XRP XRP, formerly...
Crypto Rails Should Bring Efficiency Gains to the $7T-a-Day TradFi FX Market
8.3.2023
Todd Groth of CoinDesk Indices wades into one of traditional finance’s biggest numbers: $7 trillion
DeFi Protocol Maverick Unveils UniSwap Rival Decentralized Exchange on Ethereum
8.3.2023
Maverick Protocol said that it developed a novel automated market maker algorithm that offers more customization and higher capital efficiency than top decentralized exchange UniSwap
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $22,000, as Powell Warns of Higher Rates
8.3.2023
Bitcoin moved below the $22,000 level on March 8, as markets continued to react to U.S. Fed Chair Jerome Powell’s testimony. Speaking in front of the Senate Banking Committee, Powell said he expected rates to be higher than initially anticipated. Ethereum has also slipped on the news....
Binance Extends Market Share for Fourth Consecutive Month
8.3.2023
The exchange continues to dominate, despite facing increased regulatory scrutiny, a report by CryptoCompare shows
Bitcoin Slips to 3-Week Low as Market Sees Federal Reserve Lifting Rates to 5.65%
8.3.2023
The Fed funds futures show traders pricing in a higher-for-longer interest rates mantra by the Fed
Key Indicator of Bitcoin Market Profitability Turns Bearish – Here’s What That Means for the BTC Price
7.3.2023
A key indicator of profitability in the Bitcoin market just turned negative, a bearish sign according to some analysts. In wake of Bitcoin’s latest price dip back to the $22,000 area, the 30-day Simple Moving Average of the average Spent Output Profit Ratio (aSOPR) recently fell back below 1,...
Report: Perth Mint Faces $9 Billion Recall From China Over ‘Doped’ Gold Scandal
7.3.2023
Perth Mint, Australia’s official bullion mint, currently faces a $9 billion recall from China for allegedly selling “doped” bullion and attempting to cover it up, as reported by Australia’s ABC News. The practice of doping gold involves adding impure ore like silver to...
Yuga Labs’ Twelvefold Collection of Ordinal Inscriptions Generates 735 Bitcoin, Worth More Than $16 Million
7.3.2023
Yuga Labs, the creators of the blue-chip non-fungible token (NFT) collection Bored Ape Yacht Club (BAYC), announced that the team has completed its Ordinal Inscription auction with a total of 3,246 bidders. The Twelvefold collection of inscriptions generated 735.7 bitcoin, worth more than...
Impact of the Silvergate collapse on crypto — Watch The Market Report live
7.3.2023
On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss the impact of the Silvergate collapse on crypto
Biggest Movers: XRP, MATIC Rebound on Tuesday, Following Recent Lows
7.3.2023
Xrp rose higher in Tuesday’s session, as prices continued to move away from a long-term support point. Overall, sentiment in cryptocurrencies remained largely bearish, with the global market cap down 0.34% as of writing. Polygon was also in the green at the time of writing. XRP XRP, formerly...
Scott Shapiro, Senior Director at Coinbase, on Trading Platforms, Current Crypto Market, and Coinbase | Ep. 210
7.3.2023
In an exclusive interview with cryptonews.com, Scott Shapiro, Senior Director of Product Management at Coinbase, talks about current trends in advanced crypto trading, options trading in crypto, and tells stories from working at FaceBook and Google. ...
Read More: Scott Shapiro, Senior Director...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Stall Ahead of Powell Testimony
7.3.2023
Bitcoin remained in consolidation earlier in Tuesday’s session, as markets prepared for this afternoon’s testimony from Fed Chair Powell. The head of the U.S. Federal Reserve will be speaking in front of the Senate Banking Committee later in the day. Ethereum was also largely...
Crypto Seen as Investment Opportunity in the MENA Region Says Iceberg Capital Executive Chairman
7.3.2023
While interest in digital assets has waned in some parts of the world, in the Middle East and Northern Africa adoption of crypto has been skyrocketing according to Mustafa Kheriba, the executive chairman of the asset management firm Iceberg Capital Limited. According to Kheriba, factors such...